This is the third time a friend of mine has mentioned Nightwatch in three weeks! The other two were Russians, though, so I still wasn't sure if there was a version with English subtitles... I presume that your post means that such a version exists?

A subtitled version now exists, with the subtitles actually done with interesting flair. At appropriate moments they dissolve into blood, or smoke, or move around the screen to follow the action. It's interesting to see them treated as a fully-fledged piece of the movie, not something pasted on by a third party.